1. Extended collection periods are a problem because
a. the HCO will loss business when the bill is finally paid,
b. third party payers will forget to pay,
c. they aren’t really a problem,
d. the time value of money.
2. A short-term creditor would be most concerned with which category of ratios?
a. Liquidity ratios,
b. Profitability ratios,
c. Debt management ratios,
d. Asset management ratios.